Ionic Digital Inc. Class A Common Stock

IOND · NASDAQ · Financial Services / Capital Markets

59.84USD-4.78 (-7.40%)

Price History

Full chart

Market Stats

Previous Close64.62

Open64.80

Day Range59.17 – 64.80

52-Week Range50.00 – 89.36

Volume308.35K

Market Cap2.91B

P/E (TTM)0.00

Forward P/E48.54

EPS-6.68

Dividend Yield0.00%

50-Day Avg74.00

200-Day Avg71.48

About

Ionic Digital Inc. operates as a digital infrastructure solutions and cryptocurrency mining company. It leases digital infrastructure assets to hyperscalers, enterprise customers, and other businesses for high-performance computing and artificial intelligence cloud infrastructure. Ionic Digital Inc. was incorporated in 2024 and is based in Washington, District Of Columbia.

Company Details

SectorFinancial Services
IndustryCapital Markets
CEOMr. Andy Stewart
Employees15
Headquarters650 Massachusetts Avenue NW, Washington, DC, United States, 20001, USA
Websitehttps://ionicdigital.com

Leadership

Mr. Andy StewartCEO & Director · b. 1972
Mr. Chris HickmanChief Financial Officer · b. 1983
Mr. Richard M. CarsonGeneral Counsel · b. 1966
Mr. Mark LambourneChief Development Officer · b. 1961
Mr. Antonio PirainoChief Strategy Officer · b. 1974

Financials

Income Statement

Currency: USD	2021-12-31	2022-12-31	2023-12-31	2025-12-31
Total Revenue	150.06M	146.67M	115.44M	141.40M
Growth (%)	-	-2.26%	-21.29%	+22.48%
Cost of Revenue	26.08M	68.31M	74.34M	88.00M
Gross Profit	123.97M	78.36M	41.10M	53.40M
Gross Margin	82.62%	53.43%	35.60%	37.77%
Operating Expense	25.47M	94.74M	114.85M	116.73M
Operating Income	98.50M	-16.38M	-73.75M	-63.33M
Operating Margin	65.64%	-11.17%	-63.89%	-44.79%
EBITDA	109.27M	-339.05M	-103.93M	3.40M
EBITDA Margin	72.82%	-231.17%	-90.03%	2.40%
Net Income	56.98M	-436.10M	-170.43M	-247.72M
Net Income Margin	37.97%	-297.34%	-147.63%	-175.20%
Interest Expense	20.62M	32.19M	0	-
Interest Expense % of Total Revenue	13.74%	21.95%	0.00%	-

Balance Sheet

Currency: USD	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	365.30M	745.24M	817.89M	605.00M
Total Liabilities	744.78M	6.39M	30.26M	61.60M
Total Equity	-379.47M	738.85M	787.63M	543.41M
Cash	38.60M	194.58M	48.39M	43.51M
Total Debt	644.32M	253.00K	194.00K	170.00K
Net Debt	605.72M	-194.33M	-48.20M	-43.34M

Cash Flow

Currency: USD	2021-12-31	2022-12-31	2023-12-31	2025-12-31
Operating Cash Flow	-45.99M	-95.01M	-84.78M	-96.53M
Investing Cash Flow	-	-	-	91.64M
Financing Cash Flow	389.36M	230.76M	0	0
Capital Expenditure	75.04M	101.45M	25.38M	11.06M
Free Cash Flow	-121.03M	-196.46M	-110.16M	-107.59M
FCF to OCF	263.15%	206.77%	129.93%	111.46%

Earnings

Report Date	Aug 19, 2026	Nov 4, 2026	Nov 18, 2026
EPS Estimate	-	0.64	-
EPS Actual	-0.94	0.38	-
Surprise	-	-40.63%	-
Timing	After-hours	After-hours	-

Key Statistics & Ratios

Market Cap2.91B

Enterprise Value2.62B

Trailing P/E0.00

Forward P/E48.54

Price / Sales16.61

Price / Book3.39

EPS-6.68

Book Value19.64

Revenue (TTM)175.10M

Gross Profit (TTM)146.57M

EBITDA63.30M

Profit Margin-158.73%

Operating Margin18.40%

Return on Equity0.00%

Return on Assets0.00%

Shares Outstanding45.00M

Shares Float33.51M

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%

Analyst Ratings

Strong Buy

Based on 3 analystsTarget 92.67

Strong Buy
3

Ownership Breakdown

Institutions: 26.70%
Insiders: 2.20%
Retail / Other: 71.10%

Top Institutional Holders

BLUE SQUARE ASSET MANAGEMENT, LLC
5.83K0.01%
Insight Advisors, LLC/ PA
2.88K0.01%

Top Fund Holders

Vanguard MStar Total Stk Mkt Idx Invest
1.21M2.70%
Vanguard Small Cap Index
860.13K1.91%
Vanguard MStar Small Cap Value Index
560.32K1.25%
Schwab US Small-Cap ETF™
177.40K0.39%
Fidelity Extended Market Index
153.33K0.34%
iShares Blockchain Technology ETF USDCap
83.73K0.19%
Fidelity Total Market Index
63.46K0.14%
Fidelity Series Total Market Index
51.60K0.11%
iShares Core S&P Total US Stock Mkt ETF
45.17K0.10%
Fidelity Nasdaq Composite Index
34.44K0.08%
iShares Blockchain and Tech ETF
21.26K0.05%
Schwab Total Stock Market Index
20.87K0.05%
Vanguard Balanced Index Inv
20.45K0.05%
Schwab US Broad Market ETF™
19.96K0.04%
Vanguard MStar Inst Ttl StkMktIdxInstlPl
18.05K0.04%
Vanguard U.S. Eq Idx £ Acc
12.66K0.03%
Fidelity Nasdaq Composite ETF
11.28K0.03%